We’ve shared posts over the years about the importance of employment contracts, with written being better than verbal agreements. These have gone through a number of legal challenges and the result is that they need to be written well (by lawyers is best), or they are tossed out in whole.
Why does that matter? Imagine having a sales rep with a non-compete clause, or something contrary to the ESA, the rest of the agreement could be ruled invalid. This could lead to you paying up to 24 months severance + bonus ++ etc. rather than what was agreed to.
Although a written employment contract is not necessary in order for there to be an employment relationship, a written employment contract provides many benefits to employers. This article focuses on two types of clauses that typically benefit employers: Termination and layoff clauses…